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A Local Electricity and Carbon Trading Method for Multi-Energy Microgrids Considering Cross-Chain Interaction

The objective of this paper is to propose a local electricity and carbon trading method for interconnected multi-energy microgrids. A local electricity market and a local carbon market are established, allowing microgrids to trade electricity and carbon allowance within the microgrid network. Specif...

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Detalles Bibliográficos
Autores principales: Zhong, Xiaoqing, Liu, Yi, Xie, Kan, Xie, Shengli
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9506331/
https://www.ncbi.nlm.nih.gov/pubmed/36146284
http://dx.doi.org/10.3390/s22186935
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author Zhong, Xiaoqing
Liu, Yi
Xie, Kan
Xie, Shengli
author_facet Zhong, Xiaoqing
Liu, Yi
Xie, Kan
Xie, Shengli
author_sort Zhong, Xiaoqing
collection PubMed
description The objective of this paper is to propose a local electricity and carbon trading method for interconnected multi-energy microgrids. A local electricity market and a local carbon market are established, allowing microgrids to trade electricity and carbon allowance within the microgrid network. Specifically, excessive electricity and carbon allowance of a microgrid can be shared with other microgrids that require them. A local electricity trading problem and a local carbon trading problem are formulated for multi-energy microgrids using the Nash bargaining theory. Each Nash bargaining problem can be decomposed into two subproblems, including an energy/carbon scheduling problem and a payment bargaining problem. By solving the subproblems of the Nash bargaining problems, the traded amounts of electricity/carbon allowance between microgrids and the corresponding payments will be determined. In addition, to enable secure information interactions and trading payments, we introduce an electricity blockchain and a carbon blockchain to record the trading data for microgrids. The novelty of the usage of the blockchain technology lies in using a notary mechanism-based cross-chain interaction method to achieve value transfer between blockchains. The simulation results show that the proposed local electricity and carbon trading method has great performance in lowering total payments and carbon emissions for microgrids.
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spelling pubmed-95063312022-09-24 A Local Electricity and Carbon Trading Method for Multi-Energy Microgrids Considering Cross-Chain Interaction Zhong, Xiaoqing Liu, Yi Xie, Kan Xie, Shengli Sensors (Basel) Article The objective of this paper is to propose a local electricity and carbon trading method for interconnected multi-energy microgrids. A local electricity market and a local carbon market are established, allowing microgrids to trade electricity and carbon allowance within the microgrid network. Specifically, excessive electricity and carbon allowance of a microgrid can be shared with other microgrids that require them. A local electricity trading problem and a local carbon trading problem are formulated for multi-energy microgrids using the Nash bargaining theory. Each Nash bargaining problem can be decomposed into two subproblems, including an energy/carbon scheduling problem and a payment bargaining problem. By solving the subproblems of the Nash bargaining problems, the traded amounts of electricity/carbon allowance between microgrids and the corresponding payments will be determined. In addition, to enable secure information interactions and trading payments, we introduce an electricity blockchain and a carbon blockchain to record the trading data for microgrids. The novelty of the usage of the blockchain technology lies in using a notary mechanism-based cross-chain interaction method to achieve value transfer between blockchains. The simulation results show that the proposed local electricity and carbon trading method has great performance in lowering total payments and carbon emissions for microgrids. MDPI 2022-09-14 /pmc/articles/PMC9506331/ /pubmed/36146284 http://dx.doi.org/10.3390/s22186935 Text en © 2022 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Zhong, Xiaoqing
Liu, Yi
Xie, Kan
Xie, Shengli
A Local Electricity and Carbon Trading Method for Multi-Energy Microgrids Considering Cross-Chain Interaction
title A Local Electricity and Carbon Trading Method for Multi-Energy Microgrids Considering Cross-Chain Interaction
title_full A Local Electricity and Carbon Trading Method for Multi-Energy Microgrids Considering Cross-Chain Interaction
title_fullStr A Local Electricity and Carbon Trading Method for Multi-Energy Microgrids Considering Cross-Chain Interaction
title_full_unstemmed A Local Electricity and Carbon Trading Method for Multi-Energy Microgrids Considering Cross-Chain Interaction
title_short A Local Electricity and Carbon Trading Method for Multi-Energy Microgrids Considering Cross-Chain Interaction
title_sort local electricity and carbon trading method for multi-energy microgrids considering cross-chain interaction
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9506331/
https://www.ncbi.nlm.nih.gov/pubmed/36146284
http://dx.doi.org/10.3390/s22186935
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